Nightspeed integration boosts Amtrak’s turnover to £100m mark

Amtrak Express Parcels has completed the integration of overnight parcel carrier, Nightspeed, which Amtrak acquired in 2005. The move has seen Amtrak’s turnover increase to £100 million, and its customer base increase to 8,500 customer accounts.

The expanded Amtrak business now incorporates 25 former Nightspeed locations with a network of 100 depots.

Amtrak has retained the Nightspeed name for specialist services not previously offered by Amtrak, including the high security overnight delivery service – Nightspeed Secure Express.

The integration has enabled Amtrak to re-structure its network to improve regional coverage, with a number of new regional depots and a new North West of England hub to handle extra capacity. The Amtrak commercial vehicle fleet has also been expanded, and now includes 2,000 delivery vans.

The Nightspeed acquisition has boosted Amtrak’s presence in a number of key B2B sectors, providing additional volumes that compliment Amtrak’s home delivery services.

According to Amtrak CEO Jonathan Smith, this is the first time two UK parcel networks have been fully integrated.

“We could have taken an easier route but we wanted to create a bigger and stronger business by building on Nightspeed’s strengths,” said Smith. “Now that the integration is complete, we can capitalise on the business potential that was so evident at acquisition. The integration has not only given us a boost in capacity and an increase in volumes, but also entry into some appealing new markets such as high security express services and government mail.”